Network Access Control Global Market Report 2024

Network Access Control (NAC) is a comprehensive computer networking solution designed to establish and enforce security policies for devices attempting to access a network. It ensures that only authorized and compliant devices are granted access, specifying their permissible activities on the network. NAC provides a means for network operators to consistently apply and uphold these security policies across various network devices.

The primary components of network access control include NAC appliances, NAC software, and associated services. NAC appliances serve as a key element in this solution, defining and implementing policies that dictate how network nodes are secured when devices initially seek to connect. Deployment models for NAC include on-premises and cloud-based solutions, catering to both small and mid-sized enterprises (SMEs) and large enterprises. NAC finds applications across diverse industries such as information technology (IT) and telecom, banking, finance, and insurance (BFSI), healthcare, retail, manufacturing, government, education, among others.

The network access control market research report is one of a series of new reports from The Business Research Company that provides network access control market statistics, including network access control industry global market size, regional shares, competitors with a network access control market share, detailed network access control market segments, market trends and opportunities, and any further data you may need to thrive in the network access control industry. This network access control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The network access control market size has grown exponentially in recent years. It will grow from $3.49 billion in 2023 to $4.52 billion in 2024 at a compound annual growth rate (CAGR) of 29.5%. The growth observed in the historic period for Network Access Control (NAC) can be attributed to several factors, including the escalation of cybersecurity threats, the imposition of regulatory compliance requirements, the prevalence of bring your own device (BYOD) trends, the imperative need for protection against insider threats, and the continual increase in connectivity and network complexity.

The network access control market size is expected to see exponential growth in the next few years. It will grow to $12.6 billion in 2028 at a compound annual growth rate (CAGR) of 29.2%. The anticipated growth in the forecast period for Network Access Control (NAC) can be attributed to the increasing demand for remote workforce management, the integration with zero trust architecture for enhanced security, advanced threat detection capabilities, and a heightened focus on cloud security. Major trends expected in the forecast period include the integration of NAC with identity and access management (IAM), the application of network segmentation strategies, the use of behavioral analytics in NAC, collaboration with threat intelligence platforms, and the growing importance of remote NAC solutions for telecommuting scenarios.

The surge in concerns regarding privacy and security is anticipated to fuel the expansion of the network access control market in the future. These concerns encompass safeguarding sensitive data and fortifying systems against unauthorized access, exploitation, or breaches. Network access control presents a comprehensive framework for enforcing compliance, verifying the identities of individuals and devices, and monitoring network activities to avert unauthorized access and potential breaches. For example, as per a May 2022 report by HISCOX, an insurance firm based in Bermuda, the average cybersecurity expenditure per company escalated by 60% in 2021, reaching $5.3 million. Concurrently, the overall frequency of cyber-attacks increased by 12% annually, with 48% of organizations reporting an attack within the previous 12 months, up from 43% in 2021. Consequently, the upsurge in privacy and security concerns is expected to propel the network access control market.

The burgeoning trend of remote work is poised to drive the expansion of the network access control market in the foreseeable future. Remote work involves individuals operating from their residences or alternative locations rather than traditional office settings. Network access control offers comprehensive visibility across the entire network, encompassing physical endpoints and cloud-based storage domains. This becomes particularly crucial in remote work setups, where employees access the network from diverse locations. For instance, according to the U.S. Census Bureau's data from 2021, the percentage of individuals primarily working from home in the United States surged significantly, tripling from 5.7% to 17.9% compared to the preceding two years. Hence, the escalating trend of remote work is a key driver propelling the growth of the network access control market.

Anticipated complexities in integration pose a significant challenge to the prospective growth of the network access control market. Such intricate integrations typically demand meticulous planning, extensive testing, and customization efforts. Organizations might exhibit reluctance in investing in solutions demanding high initial expenses, thereby impeding market expansion. For instance, in 2021, as reported by HealthITSecurity, the integration of network access control solutions with electronic health records (EHRs) and other healthcare systems proved to be a complex and time-consuming process, limiting the adoption of NAC solutions within the healthcare industry. Consequently, the hurdles associated with complex integration are set to hinder the growth trajectory of the network access control market.

Prominent entities within the network access control market are directing their focus towards pioneering sophisticated solutions, notably cloud-based network access control (NAC), to bolster customer service reliability and fortify their market standing. Cloud-based NAC represents a variant hosted and managed in the cloud, catering to the enforcement of network access control policies. For instance, in May 2023, Juniper Networks Inc., a US-based provider renowned for network security products and software-defined networking technology, introduced Juniper Mist Access Assurance. This cloud-based NAC service streamlines the imposition of secure network authorization and authentication for businesses, circumventing the intricacies associated with on-premises NAC solutions. Access Assurance aims to furnish users with a secure and dependable network connectivity experience. Through the fusion of NAC with network connectivity visibility, it identifies errors stemming from client settings, network services, or NAC policies, continually ensuring an optimal end-user experience. This advancement empowers network administrators to effortlessly manage access and enhance user experiences via a shared cloud and AI engine.

In February 2022, Juniper Networks Inc., a US-based provider of network security products and software-defined networking technology, acquired WiteSand Inc. for an undisclosed amount. This strategic acquisition enhances Juniper's capabilities by adding a highly experienced technical team and cutting-edge technology. It supports Juniper's commitment to providing a next-generation network access control (NAC) solution as a crucial component of its AI-driven enterprise portfolio. WiteSand Inc., the acquired company, specializes in cloud-native zero trust network access control solutions.

Major companies operating in the network access control market report are Cisco Systems Inc., SAP SE, Hewlett Packard Enterprises Co., Vmware Inc., CommScope Inc., Juniper Networks Inc., Fortinet Inc., Venustech Group Inc., Avaya Inc., Belden Inc., Check Point Software Technologies Ltd., Extreme Networks Inc., Solarwinds Inc., Ivanti Software Inc., Advent International LP, Trustwave Holdings Inc., OPSWAT Inc., Sophos Inc., Genians Inc., Beta Systems Software AG, Portnox, Nevis Networks Inc., InfoExpress Inc., IS Decisions, CyberCyte Ltd., Nellsoft GmbH

North America was the largest region in the network access control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network access control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the network access control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The network access control market consists of revenues earned by entities by providing services such as bring your own device (BYOD), network access for non-employees, Internet of Things (IoT) security, and incident response. The market value includes the value of related goods sold by the service provider or included within the service offering. The network access control market also includes sales of network access device (NAD) and accounting server. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Network Access Control Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on network access control market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for network access control? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The network access control market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Component: Network Access Control Appliances; Network Access Control Software; Service
• 2) By Deployment Model: On-Premises; Cloud-Based
• 3) By Enterprise Size: Small And Mid-Sized Enterprises (SMEs); Large Enterprises
• 4) By Industry: Information Technology (IT) And Telecom; Banking Finance And Insurance (BFSI); Healthcare; Retail; Manufacturing; Government; Education; Other Industries
• Companies Mentioned: Cisco Systems Inc.; SAP SE; Hewlett Packard Enterprises Co.; VMware Inc.; CommScope Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.